Cyprus struck a deal with the European Union and the International Monetary Fund in which the small Island nation will get $13 billion in aid. To earn that money, though, Cyprus has to overhaul its banking sector and analysts say the result could be crippling.
Fallout from Cyprus Financial Deal
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Cyprus Central Bank Governor Panicos Demetriades (L) and Cypriot Finance Minister Michael Sarris listens to reporters' questions during a news conference in the building of the Central Bank of Cyprus, in Nicosia, March 26, 2013.